Is Chino, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chino has remained a Seller's Market.
Housing Prices in Chino, CA
How much do homes in Chino, CA cost?
Median Sold Price
$718,666
$388/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chino was $718,666 in April 2024, up 2.7% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $412.5K | $435K | +5.5% |
2 Bedrooms | $509K | $520K | +2.2% |
3 Bedrooms | $649.9K | $660K | +1.5% |
4 Bedrooms | $755K | $774K | +2.5% |
5+ Bedrooms | $905K | $925K | +2.2% |
Summary: Chino housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $858.2K | $959K | +11.7% |
Ontario | $620K | $649.1K | +4.7% |
Pomona | $616K | $640.6K | +4.0% |
Montclair | $620K | $640K | +3.2% |
Chino | $699.9K | $718.6K | +2.7% |
Housing Supply in Chino, CA
How many homes are available in Chino, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
136 | 146 | +7.4% |
Summary: The Chino real estate market had 146 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 62 | 66 | +6.5% |
4 Bedrooms | 51 | 51 | 0.0% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Chino housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 39 | -9.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Chino in April 2024, down by 9.3% month-over-month. Of the 39 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Chino, CA
How long does it take to sell a home in Chino, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 28 Days | -21.6% |
Summary: Homes in Chino had an average of 28 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in Chino; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.